2023-11-06T20:28:24-05:00 2022-12-31 061648707 FIONDELLA MILONE & LASARACINA LLP 300 WINDING BROOK DR STE 1 GLASTONBURY CT 06033 990 2022-01-01 066006559 AMERICAN CLOCK AND WATCH MUSEUMINC AMER 8605836070 100 MAPLE ST BRISTOL CT 06010 MICHAEL NICASTRO TREASURER 8605836070 2023-10-30 true MICHAEL NOCASTRO 888008888 false AMBER D TUCKER P01593305 8606573651 2023-11-03 2022 2023-04-26 12:10:37Z MICHAEL NICASTRO 100 MAPLE ST BRISTOL CT 06010 1081037 false X WWW.CLOCKMUSEUM.ORG X 1952 THE AMERICAN CLOCK & WATCH MUSEUM CELEBRATES THE INNOVATION AND ARTISTRY OF THE CLOCK AND WATCH INDUSTRIES THROUGH UNIQUE COLLECTIONS THAT ENGAGE, EDUCATE AND ENRICH ITS COMMUNITY. 14 14 6 54 8498 103458 144297 27543 178928 202193 741511 80005 9319 413199 1074055 0 0 154429 162221 0 7868 126902 150658 281331 312879 131868 761176 3988441 3287715 13396 14141 3975045 3273574 THE AMERICAN CLOCK & WATCH MUSEUM CELEBRATES THE INNOVATION AND ARTISTRY OF THE CLOCK AND WATCH INDUSTRIES THROUGH UNIQUE COLLECTIONS THAT ENGAGE, EDUCATE AND ENRICH ITS COMMUNITY. false false 208862 16244 MUSEUM WAS OPEN 252 DAYS IN 2022 (JANUARY - DECEMBER: WEDNESDAYS THROUGH SUNDAYS FROM 10AM TO 5PM, OTHER HOURS BY APPOINTMENT). DURING THIS TIME, WE HAD 3,360 VISITORS FROM 45 STATES AND WASHINGTON DC AND 14 DIFFERENT COUNTRIES. 37863 11876 THE ACWM MAINTAINS A COLLECTION OF OVER 2,500 CLOCKS AND 3,500 WATCHES, PLUS EPHEMERA AND ARCHIVAL MATERIAL THAT SUPPORT THE MUSEUM'S MISSION. IN 2022, WE ADDED 43 PIECES TO THE COLLECTION THROUGH DONATIONS. 17568 821 GIFT SHOP 264293 true true false false false false false true false true true true false false false true true false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false true 9 0 true 6 true true true false false false false false false false false false false false X 14 14 false false false false false false false true true false false false true true true true false true false false CT X MICHAEL NICASTRO 8605836070 100 MAPLE ST BRISTOL CT 06010 PATTI PHILIPPON EXECUTIVE DI 40.00 X 77844 0 0 ANDREA ADAMS SECRETARY 1.00 X X 0 0 0 LISA ATTLE DIRECTOR 0.50 X 0 0 0 BRIAN BECKWITH DIRECTOR 0.50 X 0 0 0 MARK BLUM DIRECTOR 0.50 X 0 0 0 KIM BONDESON-CICCARELLO PRESIDENT 1.00 X X 0 0 0 HOWARD COHEN CO-PAST PRES 0.50 X X 0 0 0 KATIE D'AGOSTINO DIRECTOR 0.50 X 0 0 0 GREG GORTON DIRECTOR 0.50 X 0 0 0 TOM MANNING JR DIRECTOR 0.50 X 0 0 0 RACHEL MULI DIRECTOR 0.50 X 0 0 0 MICHAEL NICASTRO TREASURER 1.00 X X 0 0 0 MICHAEL RAWLINS DIRECTOR 0.50 X 0 0 0 JOHN SMAYDA CO-PAST PRES 0.50 X X 0 0 0 MARGARET WIRTES DIRECTOR 0.50 X 0 0 0 77844 false false false 22226 122071 144297 SALES OF COLLECTION ITEMS 713990 150000 150000 MUSEUM REVENUE 713990 16244 16244 MEMBERSHIP DUES & ASSESSMENTS 713990 11876 11876 SALES OF NONCOLLECTION ITEMS 808 808 178928 80845 80845 660667 1 660666 660666 660666 22226 15479 6981 8498 8498 OTHER REVENUE 900099 821 821 821 1074055 179749 8498 741511 77844 59940 17904 71540 55692 15848 1411 1226 185 11426 8844 2582 11334 11334 24745 18743 1347 4655 1214 1181 33 6400 3785 2615 5143 5143 2652 2652 788 788 19800 19800 22050 21700 350 MAINTENANCE AND REPAIRS 25242 22511 2731 UTILITIES 24062 23941 121 SUPPLIES 1694 1505 189 PURCHASE COLLECTIONS 1547 1547 3987 3961 26 312879 264293 40718 7868 65577 74099 7028 12039 11175 7130 1245 1032447 577093 420676 455354 3483019 2738814 3988441 3287715 13396 14141 13396 14141 X 2975862 2373443 999183 900131 3975045 3273574 3988441 3287715 X 761176 -1438975 -23672 X false true X true X 102415 123443 221043 103458 144297 694656 102415 123443 221043 103458 144297 694656 123576 571080 43996 58784 49995 67893 80845 301513 996169 273928 0.57330 0.57630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 3483019 -721136 136730 2738814 2820702 632081 69764 3483019 2465979 436013 81290 2820702 2012455 578762 125238 2465979 2222650 -54215 155980 2012455 0.70360 0.29640 false false 55707 55707 893625 516529 377096 55183 32632 22551 27932 27932 455354 MONEYMARKET FUNDS 2738814 F 2738814 X -381612 -1438975 6981 -1431994 1050382 23673 23673 1074055 319860 6981 6981 312879 312879 SCHEDULE D, PAGE 2, PART V, LINE 4 TO SUPPORT THE GENERAL OPERATIONS OF THE AMERICAN CLOCK AND WATCH MUSEUM. SCHEDULE D, PAGE 3, PART X THE MUSEUM IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER PROVISIONS OF THE INTERNAL REVENUE SERVICE CODE, SECTION 501(C)(3). HOWEVER, THE MUSEUM MAY INCUR A NOMINAL TAX EXPENSE DUE TO UNRELATED BUSINESS ACTIVITIES FROM ITS GIFT SHOP OPERATIONS AND RENTAL INCOME. MANAGEMENT REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN FOR A TAX RETURN. MANAGEMENT BELIEVES THAT NO TAX BENEFITS OR LIABILITIES ARE REQUIRED TO BE RECOGNIZED FOR OPEN TAX YEARS 2019 THROUGH 2022. SCHEDULE D, PAGE 4, PART XI, LINE 2D COGS 6,981 SCHEDULE D, PAGE 4, PART XII, LINE 2D COGS 6,981 EVENT 22226 22226 22226 22226 COLLEEN NICASTRO WIFE OF TREASUR 20583 PART TIME POSITION false FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WAS REVIEWED BY MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE ORGANIZATION REQUIRES FORMAL UPDATES IN CONFLICT OF INTEREST DISCLOSURES. OFFICERS, DIRECTORS AND KEY EMPLOYEES HAVE BEEN INFORMED TO NOTIFY THE BOARD OF DIRECTORS IMMEDIATELY OF ANY CHANGES DURING THE YEAR THAT MAY ARISE REGARDING POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PERSONNEL COMMITTEE COMPLETES A REVIEW AND SALARY COMPARISONS. THE SUGGESTED SALARY IS THEN RECOMMENDED TO FINANCE COMMITTEE. THE SALARY IS THEN VOTED ON BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 APPLICABLE DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE MUSEUM AND ARE MADE AVAILABLE BASED ON CURRENT REGULATIONS. FORM 990, PART XI, LINE 9 COGS 6,981 COGS -6,981